To link to the entire object, paste this link in email, IM or documentTo embed the entire object, paste this HTML in websiteTo link to this page, paste this link in email, IM or documentTo embed this page, paste this HTML in website

BEVERLY EAVES PERDUE
GOVERNOR
STATE OF NORTH CAROLINA
OFFICE OF THE GOVERNOR
20301 MAIL SERVICE CENTER • RALEIGH, NC 27699‐0301
April 20, 2010
Contact: Chrissy Pearson
Office: (919) 733‐5612
Gov. Perdue Releases FY 10-11 Budget Proposal
Features Investments in Jobs, Education, Ethics Reform and Safe Communities,
While Cutting Almost $1 Billion in Spending
Raleigh – Gov. Bev Perdue today released her proposed state budget for the 2010-2011 fiscal year. Released earlier than administrations in past years, Perdue’s budget makes critical investments in four key areas: jobs and the economy, education, setting government straight and safer communities. It cuts nearly $1 billion in spending and reallocates some $250 million to programs that will reform state government and continue to move the state forward through an economic recovery.
Spending cuts focused on programs and areas that were proven to be unproductive, wasteful or in need of greater efficiencies. Investments in technology to ferret out fraud, waste and abuse were also highlighted.
Highlights of the budget proposal include:
JobsNOW

$15 million for a “Back to Work” Incentive Fund that will provide a direct rebate to small businesses that hire long-term unemployed workers.

$250 per person credit for small businesses that provide health insurance to their employees.

$22 million to establish the North Carolina Mobility Fund that will be used to address critical congestion bottlenecks and to improve our logistics capabilities.
Career and College – Ready, Set, Go!

Protects class sizes for K-3, while giving local school systems the power to manage spending cuts.

$39 million to provide teachers with hand-held diagnostic assessment devices in grades K-3 and grade 5.

Fully funds enrollment growth and expands need-based financial aid at the university and community college levels.

BEVERLY EAVES PERDUE
GOVERNOR
STATE OF NORTH CAROLINA
OFFICE OF THE GOVERNOR
20301 MAIL SERVICE CENTER • RALEIGH, NC 27699‐0301
April 20, 2010
Contact: Chrissy Pearson
Office: (919) 733‐5612
Gov. Perdue Releases FY 10-11 Budget Proposal
Features Investments in Jobs, Education, Ethics Reform and Safe Communities,
While Cutting Almost $1 Billion in Spending
Raleigh – Gov. Bev Perdue today released her proposed state budget for the 2010-2011 fiscal year. Released earlier than administrations in past years, Perdue’s budget makes critical investments in four key areas: jobs and the economy, education, setting government straight and safer communities. It cuts nearly $1 billion in spending and reallocates some $250 million to programs that will reform state government and continue to move the state forward through an economic recovery.
Spending cuts focused on programs and areas that were proven to be unproductive, wasteful or in need of greater efficiencies. Investments in technology to ferret out fraud, waste and abuse were also highlighted.
Highlights of the budget proposal include:
JobsNOW

$15 million for a “Back to Work” Incentive Fund that will provide a direct rebate to small businesses that hire long-term unemployed workers.

$250 per person credit for small businesses that provide health insurance to their employees.

$22 million to establish the North Carolina Mobility Fund that will be used to address critical congestion bottlenecks and to improve our logistics capabilities.
Career and College – Ready, Set, Go!

Protects class sizes for K-3, while giving local school systems the power to manage spending cuts.

$39 million to provide teachers with hand-held diagnostic assessment devices in grades K-3 and grade 5.

Fully funds enrollment growth and expands need-based financial aid at the university and community college levels.